WesBanco (NASDAQ:WSBC) EVP Sells $283,250.00 in Stock

July 29, 2026 by InsiderTrades.com

Key Points

Executive sale: EVP Kimberly Griffith sold 6,875 WesBanco shares for $283,250, reducing her position by 30.24% to 15,858 shares.
Strong quarterly results: WesBanco reported $0.92 in earnings per share and $275.79 million in revenue, beating analyst estimates of $0.85 EPS and $267.71 million in revenue.
Shareholder returns and outlook: The company authorized a 4 million-share repurchase program and maintains a $0.38 quarterly dividend, while analysts give the stock a consensus “Moderate Buy” rating with a $43.20 average price target.

WesBanco, Inc. (NASDAQ:WSBC - Get Free Report) EVP Kimberly Griffith sold 6,875 shares of the stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of $41.20, for a total transaction of $283,250.00. Following the sale, the executive vice president owned 15,858 shares in the company, valued at $653,349.60. This represents a 30.24% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

WesBanco Stock Performance

Shares of NASDAQ:WSBC opened at $42.01 on Wednesday. The company's 50 day simple moving average is $37.51 and its 200 day simple moving average is $35.80. The stock has a market capitalization of $4.04 billion, a price-to-earnings ratio of 12.21 and a beta of 0.67. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.94 and a quick ratio of 0.93. WesBanco, Inc. has a 1 year low of $29.18 and a 1 year high of $42.05.

WesBanco (NASDAQ:WSBC - Get Free Report) last released its earnings results on Tuesday, July 21st. The financial services provider reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.85 by $0.07. The firm had revenue of $275.79 million during the quarter, compared to analysts' expectations of $267.71 million. WesBanco had a return on equity of 9.72% and a net margin of 23.35%. As a group, research analysts predict that WesBanco, Inc. will post 3.57 EPS for the current fiscal year.

WesBanco announced that its Board of Directors has authorized a stock repurchase program on Wednesday, May 20th that allows the company to buyback 4,000,000 shares. This buyback authorization allows the financial services provider to purchase shares of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its shares are undervalued.

WesBanco Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Friday, June 5th were issued a dividend of $0.38 per share. The ex-dividend date of this dividend was Friday, June 5th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 3.6%. WesBanco's payout ratio is 44.19%.

Institutional Investors Weigh In On WesBanco

Hedge funds and other institutional investors have recently bought and sold shares of the company. Covestor Ltd increased its holdings in WesBanco by 12,500.0% in the 4th quarter. Covestor Ltd now owns 756 shares of the financial services provider's stock worth $25,000 after purchasing an additional 750 shares in the last quarter. Hilton Head Capital Partners LLC acquired a new stake in shares of WesBanco during the fourth quarter valued at about $29,000. GAMMA Investing LLC boosted its stake in shares of WesBanco by 41.1% during the fourth quarter. GAMMA Investing LLC now owns 1,113 shares of the financial services provider's stock valued at $37,000 after purchasing an additional 324 shares in the last quarter. First Horizon Corp grew its holdings in shares of WesBanco by 55.4% during the fourth quarter. First Horizon Corp now owns 1,302 shares of the financial services provider's stock worth $43,000 after purchasing an additional 464 shares during the last quarter. Finally, Federated Hermes Inc. grew its holdings in shares of WesBanco by 71.9% during the second quarter. Federated Hermes Inc. now owns 1,435 shares of the financial services provider's stock worth $45,000 after purchasing an additional 600 shares during the last quarter. Institutional investors own 61.41% of the company's stock.

Wall Street Analyst Weigh In

WSBC has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods reiterated a "market perform" rating and issued a $42.00 target price on shares of WesBanco in a research report on Thursday, July 23rd. Piper Sandler raised their price target on shares of WesBanco from $40.00 to $43.00 and gave the company an "overweight" rating in a research note on Friday, June 26th. Weiss Ratings raised shares of WesBanco from a "buy (b-)" rating to a "buy (b)" rating in a report on Wednesday, May 6th. DA Davidson set a $46.00 price target on shares of WesBanco in a report on Thursday, July 23rd. Finally, Zacks Research upgraded shares of WesBanco from a "strong sell" rating to a "hold" rating in a research report on Monday, June 22nd. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $43.20.

View Our Latest Stock Analysis on WSBC

About WesBanco

(Get Free Report)

WesBanco, Inc is a bank holding company headquartered in Wheeling, West Virginia, offering a full range of community banking services through its principal subsidiary, WesBanco Bank, Inc The company serves individual consumers, small‐ to mid‐sized businesses, nonprofit organizations and governmental entities with a relationship‐driven approach and an emphasis on local decision‐making. Through its diversified platform, WesBanco provides core banking functions such as deposit accounts, commercial and consumer lending, mortgage banking, treasury management and electronic banking services.

In addition to traditional banking products, WesBanco offers specialized services including trust and wealth management, investment advisory and insurance solutions.